[The following information applies to the questions displayed below.] Following are account balances (in millions of dollars) from a recent StateEx annual report, followed by several typical transactions. Assume that the following are account balances on May 31 (end of the prior fiscal year): These accounts are not necessarily in good order and have normal debit or credit balances. Assume the following transactions (in millions, except for par value) occurred the next fiscal year beginning June 1 (the current year): a. Provided delivery service to customers, who paid $5,890 in cash and owed $29,504 on account. b. Purchased new equipment costing $3,614; signed a long-term note. c. Paid $9,664 cash to rent equipment and aircraft, with $4,486 for rent this year and the rest for rent next year. d. Spent $1,044 cash to repair facilities and equipment during the year. e. Collected $29,685 from customers on account. f. Repaid $240 on a long-term note (ignore interest). g. Issued 110 million additional shares of $0.10 par value stock for $25 (that's $25 million). h. Paid employees $11,526 for work during the year. i. Purchased spare parts, supplies, and fuel for the aircraft and equipment for $9,264 cash. j. Used $6,900 in spare parts, supplies, and fuel for the aircraft and equipment during the year. k. Paid $964 on accounts payable. I. Ordered $106 in spare parts and supplies. 2. Prepare T-accounts for the current year from the preceding list; enter the ending balances from May 31 as the respective beginning balances for June 1 of the current year. For each transaction, record the current year's transaction effects in the T-accounts. Label each using the letter of the transaction. (Enter your answers in millions, not in dollars.)